VARStreet Teams Up With SYNNEX Corporation to Provide Comprehensive E-Commerce Solutions to VARs

SANTA CLARA, Calif., Dec. 21 /PRNewswire/ -- Helping channel players grow sales online and automate sales processes, VARStreet Inc. (http://www.varstreet.com/) today announced it is expanding its relationship with SYNNEX Corporation , a global IT supply chain services company. The two companies will begin actively co-marketing and offering VARStreet's Xponential Commerce (XC) Standard and Enterprise solutions to SYNNEX's extensive community of channel partners. The XC offerings comprise powerful sourcing, quoting, and e-commerce services for resellers.

"E-commerce is fast becoming necessary for sales organizations among today's channel players -- especially those focused on the vertical markets such as government where e-procurement and sales automation tools are a must, not an option," said Rad Sundar, CEO and president, VARStreet. "We are not only expanding our existing relationship by offering our solutions to SYNNEX, we're also helping its partners to drive new revenues and improve overall business productivity and efficiencies in their businesses. That's a significant value-add any way you look at it."

"At SYNNEX, we strive to find new solutions and services that will help our customers be more successful and ultimately drive higher sales and profits," said Steve Jow, Senior Vice President of Commercial Sales at SYNNEX Corporation. "Teaming with VARStreet will offer our customers another option to provide e-commerce solutions."

Under the expanded relationship, VARStreet's XC solutions are now tied directly to XML electronic connections within SYNNEX's back-end. This new integration allows SYNNEX's channel resellers to automatically receive the latest pricing and product updates within their systems. It also helps ensure their stores are accurate, and informative when it comes to placing orders and shipping.

VARStreet's XC offers other advanced features, such as the ability for a reseller to set up multiple stores customized to the needs of large end-users. These select end-users can then authorize specific personnel to purchase products. Individual policies and limits would apply to each purchaser.

"This is great news for SYNNEX reseller customers who are not engaged with VARStreet today," concluded Sundar. "If they are looking for a competitive edge in the market -- whether it's to compete with direct marketers or simply other VARs in their region -- VARStreet's eCommerce solutions are now available to them."

Pricing and Availability

VARStreet's XC Standard and Enterprise products with supply chain automation, quoting, and e-commerce services are available immediately to SYNNEX's growing base of channel partners. Pricing starts as low as $150 and varies based on the needs of channel partners. VARStreet will maintain service and support. For more information about VARStreet's affordable and proven XC solutions contact VARStreet sales at 408-562-5634 or SYNNEX Corporation at 864-289-4212.

About VARStreet Inc.

Founded in 1999, VARStreet is the leading provider of B2B E-Business and E-Commerce solutions to VARs, System Integrators and Solution Providers. An on-demand service, with ready electronic connections to leading IT distributors, and an aggregated industry catalog -- the VARStreet XC platform today handles over $1 billion in channel commerce transactions. It powers 400 e-commerce sites, and enables streamlined IT procurement for over 100,000 Corporate, SMB and Government end customers.

VARStreet's paradigm of Xponential Commerce represents the next generation standard in B2B E-Commerce. It connects all business partners in the IT industry, and streamlines transaction flows through the indirect channel. For more information, go to http://www.varstreet.com/.

Statements in this release that are forward looking, such as SYNNEX Corporation's product marketing strategy, involve known and unknown risks and uncertainties, which may cause SYNNEX Corporation's actual results in future periods to be materially different from any future performance that may be suggested in this release. SYNNEX Corporation assumes no obligation to update any forward looking statements contained in this release.

SYNNEX and the SYNNEX logo are trademarks of SYNNEX Corporation or its subsidiaries and should be treated as such. All rights reserved. All other company names mentioned herein are trademarks of their respective owners.